We expect Q2 revenue to be $380 – $385 million, or 10 – 12% growth y/y.
Due to our outperformance in Q1, we are increasing our full year outlook to $1,522 – $1,543 million or 10-11% y/y growth, an increase from our previous outlook of $1,510 – $1,535 million or 9 – 11% y/y growth.
We are increasing our outlook for free cash flow, excluding HQ costs, for the year to $172 – $180 million, or 11 – 12% of revenue, and we expect to exit 2023 with a free cash flow margin of more than 13%. This compares to our previous free cash flow outlook of $152 – $162 million, or 10 – 11% of revenue and an exit rate of 12-13%.